5 Top Ways to Make Money in 2022
5 Top Ways to Make Money in 2022. This article is for those families in 2022 who are looking for ways to make money in 2022.
“Building wealth does not have to be complicated or take over your life as you try to make money,” said Donny Gamble, founder of PersonalIncome.org. “It is about making smart investments and finding simple ways to get the cash flowing.”
The following are creative ways of building wealth in 2022 (5 Top Ways to Make Money in 2022)
Anything can be crowdfunded including start-up companies. This year, you could consider taking steps you have not taken before. If crowdfunding is one of them, then I think you should.
“Equity crowdfunding platforms allow individuals to grow their wealth by investing in early-stage private companies with the potential for high returns, There are platforms that allow people to invest in just about every type of company, from tech start-ups to indoor agriculture.
Many of these platforms allow someone to invest with fairly low minimums, but investors should also realize the risk involved with start-ups and not invest money they potentially might lose,” said Chris Rawley, CEO of Harvest Returns.
Try Cryptocurrency with Stable Coins
I understand that you might be afraid of investing in cryptocurrencies because of their high volatility last year. To combat that, you can look for less risky cryptocurrencies tied to stable underlying assets.
“Instead of investing in high-volatility coins like Bitcoin or Ethereum, you can simply stake stable coins like USDC for a low-risk return on the order of 12% APY,” said Brian Bender, Ph.D., of Earning Fire. “Stablecoins, like USDC, can always be converted to U.S. dollars at a ratio of one-to-one, so you don’t face the same market volatility as other altcoins. Just sign up on one of the major cryptocurrency exchanges, convert your dollars to USDC, and stake these coins like you would a certificate of deposit and enjoy a high, stable return.”
Try Out Dropshipping
Dropshipping is a type of business that can be done on a full-time basis. Here, a store does not directly handle the products they sell. Instead, they purchase the item from a third party and have it shipped to a customer.
“Dropshipping is one of the best ways to start earning money from anywhere, even if you don’t have a lot of money,” said Shiv Gupta of Incrementors Lead Generation. “Dropshipping is not a get-rich-quick scheme. It does necessitate an initial time investment. This business model entails setting up an e-commerce store where customers can browse and purchase products, and you don’t even have to see the products you sell.
Your supplier handles everything from manufacturing to packaging to fulfillment when you use dropshipping. There’s also less cash risk because you don’t have to send money to your supplier until your customers pay. You can earn a good living while learning how to run an e-commerce business if you choose the right product and set the right price.”
You Can Work as a Freelance Virtual Assistant
The emergence of the Covid 19 Pandemic has brought this profession to a greater light. To do this, you don‘t really need any advanced degrees or training.
“The best example is through freelancing as a virtual assistant,” said Stephen Keighery, CEO and founder of Home Buyer Louisiana.
“Depending on your qualifications and performance output, you can earn up to $60 an hour,” Keighery said.
According to Zip Recruiter, the national average earnings for this is about $23 per hour.
Work as a Dog Walker
This year, the demand for Dog Walkers will be relatively high as compared to other years, therefore, you should jump on this opportunity right now.
“One of the biggest cash-making businesses currently is to be a dog walker or sitter,” Gamble said. “Since the pandemic, many people have adopted dogs, but many of them are returning to the office, leaving the dog alone for much longer than they are used to.”
These are five job choices for you to consider in 2022. Try them out, you can even consider making many of them full-time jobs.